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(Magenta) Magenta complete technical analysis [charts+indicators] | Buy/Sell Magenta | (Magenta) share price targets

Complete technical analysis of Magenta (Magenta) by charts plus indicators, forecast predictions and share price targets for Magenta (Magenta)

Showing technical analysis as on 2024-11-22 View latest technical analysis

10 day averaged volume of Magenta is 15200

Date Daily Closing Price Open High Low Volume
22 Fri Nov 2024 26.50 26.80 26.80 26.50 0.526 times
21 Thu Nov 2024 27.50 27.99 27.99 27.50 3.421 times
19 Tue Nov 2024 28.60 28.60 28.60 28.60 0.263 times
18 Mon Nov 2024 28.60 28.60 28.60 28.60 0.263 times
13 Wed Nov 2024 28.65 29.05 29.05 28.65 0.789 times
08 Fri Nov 2024 32.00 29.70 32.00 29.40 0.789 times
06 Wed Nov 2024 30.80 32.00 33.20 30.65 1.053 times
05 Tue Nov 2024 32.00 31.95 32.00 31.95 1.579 times
31 Thu Oct 2024 30.48 29.95 30.48 29.95 1.316 times
30 Wed Oct 2024 28.50 28.50 28.50 28.50 0.263 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 26.3, for a target of 28 or 29.47

Share price targets for Magenta (Magenta)

Target Type Value
Downside Target 26.50
Upside Target 28.50
Upside Target 30.48
Upside Target 32.34
Upside Target 33.20
Upside Target 34.85
Upside Target 36.85
Upside Target 38.88
Upside Target 45.89

Intraday share price targets for Magenta (Magenta)

Target Type Value
Downside Intraday Target 25.8
Downside Intraday Target 25.1
Upside Intraday Target 27.9
Upside Intraday Target 29.3
Upside Intraday Target 27.2

Weekly technical analysis of Magenta (Magenta)

Date Weekly Closing Price Open High Low Volume
22 Fri Nov 2024 26.50 28.60 28.60 26.50 5.667 times
13 Wed Nov 2024 28.65 29.05 29.05 28.65 0.231 times
08 Fri Nov 2024 32.00 31.95 33.20 29.40 1.625 times
31 Thu Oct 2024 30.48 28.50 30.48 28.50 4 times
23 Wed Oct 2024 29.50 29.50 29.50 29.50 0.4 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Magenta (Magenta)

Date Monthly Closing Price Open High Low Volume
22 Fri Nov 2024 26.50 31.95 33.20 26.50 2.2 times
31 Thu Oct 2024 30.48 30.10 30.48 28.50 0.254 times
27 Fri Sep 2024 31.20 32.70 34.85 28.50 0.608 times
30 Fri Aug 2024 32.68 37.16 38.88 32.34 0.299 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Magenta (Magenta)

Price action analysis of Magenta ( (Magenta) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Magenta ( (Magenta) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Magenta ( (Magenta) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Magenta ( (Magenta) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Magenta stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Magenta in short term and the sell signal is strong.

Magenta Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Magenta in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Magenta is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 29.38 and Magenta (Magenta) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Magenta (Magenta) stock. Volume based technical analysis of Magenta (Magenta) stock is negative.

Magenta Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Magenta ( (Magenta) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Magenta ( (Magenta) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Magenta ( (Magenta) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Magenta ( (Magenta) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Magenta stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Magenta in short term and the sell signal is strong.

Magenta Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Magenta in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Magenta is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 29.38 and Magenta (Magenta) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Magenta (Magenta) stock. Volume based technical analysis of Magenta (Magenta) stock is negative.

Magenta Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Magenta charts

Click here for further forecast and predictions for tomorrow

Daily charts

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